Bitcoin is currently fluctuating around $95,100, with the market at a critical mid-term watershed position. From a technical perspective, the resistance level above is around $98,500, which is the selling pressure zone formed by the previous high, and it is also a key position before the psychological barrier of $100,000. The support below is at $92,000, where the 4-hour MA30 moving average support lies, with a stronger defensive line at the $90,000 round number.
From the perspective of technical indicators, the 4-hour RSI is currently around 55, showing a neutral and slightly weak state, and the MACD histogram is continuously shrinking, indicating insufficient short-term upward momentum, and the market needs to be wary of the possibility of false breakouts. In terms of trading volume, it has recently shown a trend of shrinking fluctuations, indicating strong market wait-and-see sentiment.
In terms of operational strategy, short-term traders may consider high selling and low buying within the range, for example, shorting around $96,500, or going long around $92,500, while setting a stop loss of around $1,000. Medium-term investors can wait for a breakout above $98,500 to follow the momentum and aim for $102,000. If it falls below $92,000, a timely stop loss and wait-and-see should be implemented. $BTC #稳定币日常支付